Ezra's ECS seeks stay on creditors' claims in Singapore High Court
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EZRA Holdings' 40-per-cent-owned associate Emas Chiyoda Subsea (ECS) is understood to have filed for a stay order with the High Court of Singapore that will extend a moratorium on any creditors' claims against the company.
The Business Times understands a court hearing for the stay order application is still in process.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore